YEARLY HIGH
0.0060 NPR
YEARLY LOW
0.0057 NPR
YEARLY AVERAGE
0.0058 NPR

2023 STD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the STD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0060. Conversely, the yearly low was recorded on April 30, dropping to 0.0057.

This high-to-low spread represents a total annual volatility of 0.0003 NPR. From a start-to-finish perspective, comparing the January average rate of 0.0057 to the December average rate of 0.0060, the exchange rate registered a net change of 4.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0060 was up 3.07% compared to the 2022 peak of 0.0058, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 STD based on timing:

Yearly Peak High 30 NPR
2022 Average 28 NPR
Yearly Trough Low 28 NPR
Transaction Impact: A difference of 1.73 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0060
0.0057
JanuMarcMayJulySeptNove

STD to NPR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0058, compared to 0.0059 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0058
H2 Avg (Jul–Dec) 0.0059

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0002 NPR (High: 0.0059 / Low: 0.0057). On the other end, October was the most stable month, with a tight range of 0.0000 NPR (High: 0.0060 / Low: 0.0059).

July Spread (Volatile) ±0.0002
October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0000 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0060) against the same month in 2022 (average: 0.0058), the exchange rate shifted by +0.0002 (+3.51%).

2023 Avg (December) 0.0060
2022 Avg (December) 0.0058

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0058 0.0057 0.0057
February 0.0058 0.0057 0.0058
March 0.0058 0.0057 0.0058
April 0.0058 0.0057 0.0057
May 0.0058 0.0057 0.0058
June 0.0058 0.0057 0.0058
July 0.0059 0.0057 0.0058
August 0.0060 0.0059 0.0059
September 0.0060 0.0059 0.0060
October 0.0060 0.0059 0.0060
November 0.0060 0.0059 0.0060
December 0.0060 0.0060 0.0060